[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion]Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao
The Anhui Energy Minfeng Grid type Independent Energy Storage Project, the largest single unit cascaded high-voltage energy storage project in China, has recently completed the delivery of core equipment in Hotan, Xinjiang and entered the comprehensive commissioning stage. The project adopts a 35kV 200MW/800MWh cascaded high-voltage energy storage system, independently developed and produced by Guangzhou Zhiguang Energy Storage, with industry-leading technology. This system can effectively support the stability of the power grid, improve inertia and short-circuit capacity, help solve problems such as local power grid peak shaving and new energy consumption, and ensure the safe and stable operation of regional power.Editor/Gong Ziwei
On April 9, 2026, Hu Zhaoming, spokesperson for the Foreign Liaison Department of the Communist Party of China Central Committee, announced that at the invitation of General Secretary of the Communist Party of China Central Committee and President Xi Jinping, General Secretary of the Communist Party of Vietnam Central Committee and President Sulin will pay a state visit to China from April 14 to 17.Editor/Gong Ziwei